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We develop a classical macroeconomic model to examine the growth and distributional consequences of education. Contrary …-reducing. Expansive education policies may foster growth and reduce earning inequalities between workers, but only by transferring income … from workers to capitalists. Further, the overall effect of an increase in education depends on the actual characteristics …
Persistent link: https://www.econbiz.de/10011596523
Persistent link: https://www.econbiz.de/10002239791
student effort) constant. The main parameters governing this difference are the extent to which inputs in the education … on student ability, the student's distaste for effort and the curvature of the education production with respect to …
Persistent link: https://www.econbiz.de/10010251075
of education inequality measures across age groups allows us to assess the effect of inter-generational education …
Persistent link: https://www.econbiz.de/10010432435
expansion of school attainment has not guaranteed improved economic conditions. This paper reviews the role of education in …
Persistent link: https://www.econbiz.de/10012552573
The purpose of this study is to present the literature on economic growth and education as evolved to date and comment …
Persistent link: https://www.econbiz.de/10013051192
The interest in education ... …
Persistent link: https://www.econbiz.de/10012993917
Gesundheit für die wirtschaftliche Entwicklung herausgearbeitet. Darüber hinaus wird das Zusammenspiel von Gesundheit und Bildung … analysiert, da Bildung die Rolle eines zentralen Wachstumsmotors zukommt. Eine empirische Untersuchung gibt zudem Aufschluss über … stetiges Wirtschaftswachstum. …
Persistent link: https://www.econbiz.de/10011923211
The perpetual inventory method used for the construction of education data per country leads to systematic measurement … education level between census data and observations constructed from enrolment data. We discuss a methodology for correcting …
Persistent link: https://www.econbiz.de/10011335189
Estimates of the effect of education on GDP (the social return) have been hard to reconcile with micro evidence on the … of education reduces the private return by 2 percentage points, consistent with Katz-Murphy's (1992) elasticity of …
Persistent link: https://www.econbiz.de/10011325967